← Bestore overview

Bestore vs Srinanaporn Marketing: why the prices moved differently

Weekly · monthly · quarterly news summaries, side by side in time

Bestore Co Ltd (603719.CG)

Q3 202613 Jul – 24 Aug 2026

▲2▼2

Bestore swings to profit as turnaround takes hold, but big shareholders keep selling

First-half profit confirms turnaround Bestore reported a first-half net profit of 16.19 million yuan, reversing a loss, with revenue up 11.18% to 3.145 billion yuan. The company says product mix, channel efficiency and supply-chain upgrades are working. This is the clearest sign yet that the business is recovering, which supports the share price.
It is the period's biggest positive fundamental event and directly answers what is driving the stock.
Early profit forecast set the stage In mid-July, Bestore guided that it would swing to a first-half profit of 16–24 million yuan, versus a loss a year earlier, thanks to higher revenue and gross margin. The forecast primed investors for the recovery that the later results confirmed.
It is the first concrete signal of the profit turnaround and explains the positive shift in sentiment.
Major shareholders keep selling Two large shareholders cut their stakes in July: Dayong Limited sold 8.73 million shares, and Davy Limited sold 11.94 million shares for 103 million yuan. Continued selling by big owners can pressure the share price and makes some investors question their confidence in the company.
It is the main negative force this period and a real counterweight to the improving earnings.
Weak cash returns and slow new-store rollout Bestore said interest income fell 80% because deposit rates dropped, and its 934 million yuan of wealth-management products produced no disposal gains. Its new Fresh Life supermarket format still has only one pilot store. Both point to weak cash returns and slow expansion beyond the core snack business.
It highlights financial and growth weaknesses that could limit the recovery story.

August 202613 Jul – 24 Aug 2026

▲2▼2

Bestore swings to profit as turnaround takes hold, but big shareholders keep selling

First-half profit confirms turnaround Bestore reported a first-half net profit of 16.19 million yuan, reversing a loss, with revenue up 11.18% to 3.145 billion yuan. The company says product mix, channel efficiency and supply-chain upgrades are working. This is the clearest sign yet that the business is recovering, which supports the share price.
It is the period's biggest positive fundamental event and directly answers what is driving the stock.
Early profit forecast set the stage In mid-July, Bestore guided that it would swing to a first-half profit of 16–24 million yuan, versus a loss a year earlier, thanks to higher revenue and gross margin. The forecast primed investors for the recovery that the later results confirmed.
It is the first concrete signal of the profit turnaround and explains the positive shift in sentiment.
Major shareholders keep selling Two large shareholders cut their stakes in July: Dayong Limited sold 8.73 million shares, and Davy Limited sold 11.94 million shares for 103 million yuan. Continued selling by big owners can pressure the share price and makes some investors question their confidence in the company.
It is the main negative force this period and a real counterweight to the improving earnings.
Weak cash returns and slow new-store rollout Bestore said interest income fell 80% because deposit rates dropped, and its 934 million yuan of wealth-management products produced no disposal gains. Its new Fresh Life supermarket format still has only one pilot store. Both point to weak cash returns and slow expansion beyond the core snack business.
It highlights financial and growth weaknesses that could limit the recovery story.

Latest13 Jul – 24 Aug 2026

▲2▼2

Bestore swings to profit as turnaround takes hold, but big shareholders keep selling

First-half profit confirms turnaround Bestore reported a first-half net profit of 16.19 million yuan, reversing a loss, with revenue up 11.18% to 3.145 billion yuan. The company says product mix, channel efficiency and supply-chain upgrades are working. This is the clearest sign yet that the business is recovering, which supports the share price.
It is the period's biggest positive fundamental event and directly answers what is driving the stock.
Early profit forecast set the stage In mid-July, Bestore guided that it would swing to a first-half profit of 16–24 million yuan, versus a loss a year earlier, thanks to higher revenue and gross margin. The forecast primed investors for the recovery that the later results confirmed.
It is the first concrete signal of the profit turnaround and explains the positive shift in sentiment.
Major shareholders keep selling Two large shareholders cut their stakes in July: Dayong Limited sold 8.73 million shares, and Davy Limited sold 11.94 million shares for 103 million yuan. Continued selling by big owners can pressure the share price and makes some investors question their confidence in the company.
It is the main negative force this period and a real counterweight to the improving earnings.
Weak cash returns and slow new-store rollout Bestore said interest income fell 80% because deposit rates dropped, and its 934 million yuan of wealth-management products produced no disposal gains. Its new Fresh Life supermarket format still has only one pilot store. Both point to weak cash returns and slow expansion beyond the core snack business.
It highlights financial and growth weaknesses that could limit the recovery story.

Srinanaporn Marketing Public Company Limited (SNNP.BK)

Q3 202620 Jul – 9 Oct 2026

▲3▼1

SNNP's profit has bottomed out; recovery, stimulus and new products drive gains

Profit trough passed, brokers raise targets Brokers say SNNP's profit bottomed in early 2026 and is now recovering. Q2 profit of 69.8 million baht rose 23% from the prior quarter, helped by Vietnam sales and steady 26% gross margin. Several houses upgraded to buy with targets of 8-9 baht, lifting the shares.
This is the core reason the stock is moving: earnings have stopped falling and analysts have turned positive.
New products and brand tie-ups broaden sales SNNP launched Jele Chewy fruit-tea jelly with Kamu Kamu, a sports jelly with Alpine, and a new Bento ad campaign. These push into younger and health-focused buyers, and the Jele tie-up got a better-than-expected response, prompting restocking and supporting sales into the high season.
New products and partnerships are a main growth engine behind the expected revenue recovery.
Government stimulus and Vietnam growth lift demand Thailand's Thai Help Thai Plus Phase 2 gives 1,000 baht of co-payment spending in October-November, and SNNP earns about 70-79% of revenue at home, so it benefits. Vietnam's economy grew 9.95% in Q3, and SNNP's Vietnam revenue is expected to rise 17% this year.
These are the demand-side forces expected to drive the second-half recovery.
Factory fire adds supply risk A fire hit SNNP's Bento snack building on 9 October. No one was hurt and insurance should cover the damage, but output is disrupted. The company has about one month of inventory and can use its Vietnam plant, so the revenue hit is seen as limited.
This is the main counterweight to the positive recovery story and a real risk to near-term supply.

August 202620 Jul – 9 Oct 2026

▲3▼1

SNNP's profit has bottomed out; recovery, stimulus and new products drive gains

Profit trough passed, brokers raise targets Brokers say SNNP's profit bottomed in early 2026 and is now recovering. Q2 profit of 69.8 million baht rose 23% from the prior quarter, helped by Vietnam sales and steady 26% gross margin. Several houses upgraded to buy with targets of 8-9 baht, lifting the shares.
This is the core reason the stock is moving: earnings have stopped falling and analysts have turned positive.
New products and brand tie-ups broaden sales SNNP launched Jele Chewy fruit-tea jelly with Kamu Kamu, a sports jelly with Alpine, and a new Bento ad campaign. These push into younger and health-focused buyers, and the Jele tie-up got a better-than-expected response, prompting restocking and supporting sales into the high season.
New products and partnerships are a main growth engine behind the expected revenue recovery.
Government stimulus and Vietnam growth lift demand Thailand's Thai Help Thai Plus Phase 2 gives 1,000 baht of co-payment spending in October-November, and SNNP earns about 70-79% of revenue at home, so it benefits. Vietnam's economy grew 9.95% in Q3, and SNNP's Vietnam revenue is expected to rise 17% this year.
These are the demand-side forces expected to drive the second-half recovery.
Factory fire adds supply risk A fire hit SNNP's Bento snack building on 9 October. No one was hurt and insurance should cover the damage, but output is disrupted. The company has about one month of inventory and can use its Vietnam plant, so the revenue hit is seen as limited.
This is the main counterweight to the positive recovery story and a real risk to near-term supply.

Latest20 Jul – 9 Oct 2026

▲3▼1

SNNP's profit has bottomed out; recovery, stimulus and new products drive gains

Profit trough passed, brokers raise targets Brokers say SNNP's profit bottomed in early 2026 and is now recovering. Q2 profit of 69.8 million baht rose 23% from the prior quarter, helped by Vietnam sales and steady 26% gross margin. Several houses upgraded to buy with targets of 8-9 baht, lifting the shares.
This is the core reason the stock is moving: earnings have stopped falling and analysts have turned positive.
New products and brand tie-ups broaden sales SNNP launched Jele Chewy fruit-tea jelly with Kamu Kamu, a sports jelly with Alpine, and a new Bento ad campaign. These push into younger and health-focused buyers, and the Jele tie-up got a better-than-expected response, prompting restocking and supporting sales into the high season.
New products and partnerships are a main growth engine behind the expected revenue recovery.
Government stimulus and Vietnam growth lift demand Thailand's Thai Help Thai Plus Phase 2 gives 1,000 baht of co-payment spending in October-November, and SNNP earns about 70-79% of revenue at home, so it benefits. Vietnam's economy grew 9.95% in Q3, and SNNP's Vietnam revenue is expected to rise 17% this year.
These are the demand-side forces expected to drive the second-half recovery.
Factory fire adds supply risk A fire hit SNNP's Bento snack building on 9 October. No one was hurt and insurance should cover the damage, but output is disrupted. The company has about one month of inventory and can use its Vietnam plant, so the revenue hit is seen as limited.
This is the main counterweight to the positive recovery story and a real risk to near-term supply.